Warburg Pincus Prices Secondary Offering

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National Penn Bancshares (NPBC) Announces Pricing of 11.57M Common Secondary Offering

March 17, 2015 8:19 AM EDT

National Penn Bancshares (NASDAQ: NPBC) announced the pricing of the previously announced underwritten secondary offering by funds affiliated with Warburg Pincus LLC (Warburg Pincus) of 11,565,072 shares of National Penns common stock. Immediately following completion of the offering, Warburg Pincus will no longer own any shares of... More